The Singaporean Inland Revenue Authority May 5 announced the Nov. 30 corporate income tax return filing deadline, for assessment year 2026. The announcement includes: 1) the deadline applies to a company required to file, even if it didn’t carry on business or incur a loss in financial year 2025; 2) late filing or nonfiling may result in penalties of up to S$5,000 (US$3,920); 3) guidance on completing the return, and on determining whether a company is required to file for assessment year 2026; 4) guidance on taxable income, deductions, available tax relief, common filing mistakes, and tax computation for investment ...
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